Gross Rent Multiplier Calculator

Find the gross rent multiplier (GRM).

Gross rent multiplier 10

Formula: GRM = price ÷ gross annual rent

Step-by-step with your numbers:

1. Values used:

2. Property price = 300,000 $

3. Gross annual rent = 30,000 $

5. Gross rent multiplier = Property price / Gross annual rent = 300,000 / 30,000 = 10

Did we solve your problem today?

GRM is a quick screen comparing price to gross rental income.

The math behind it

GRM = price ÷ gross annual rent. Lower can mean better value.

$300,000 ÷ $30,000 → 10.

GRM vs cap rate?

GRM uses gross rent; cap rate uses net operating income.